Judge says upstate NY bitcoin mine can continue to operate despite climate concerns – Gothamist
A judge in the upstate ruled Thursday that a controversial Finger Lakes cryptocurrency mine can continue operating for now, but the fossil fuel-burning operation's days may be numbered. Two years ago, the state Department of Environmental Protection denied an air permit renewal for the mine, called Greenridge Generation. Located on the shores of Seneca Lake, […]
CFTC clears 'second hurdle' for spot Bitcoin ETF options – Cointelegraph
The U.S. Commodity Futures Trading Commission (CFTC) has announced a notice “paving the way” for spot Bitcoin exchange-traded fund (ETF) options. Analysts are now speculating that these products could be listed soon. “The ball is now in the OCC's court and they're so into it that a listing could happen soon,” ETF analyst Eric Balciunas […]
Hacker sentenced over bitcoin theft worth billions
Kentucky Attorney General Russell Coleman spoke about the attorney general suing the SEC over cryptocurrency regulations, calls for a crackdown on Chinese connected cars, and a lawsuit against TikTok. hackers who helped launder the proceeds of bitcoin theft The former cryptocurrency exchange was sentenced to five years in prison for his involvement in the conspiracy. […]
Ilya Lichtenstein sentenced to 5 years for Bitfinex bitcoin hack
A New York technology entrepreneur was sentenced Thursday to five years in prison after pleading guilty last year to laundering funds stolen from Bitfinex, one of the world's largest cryptocurrency exchanges, with the help of his wife. Ta. The Justice Department said in a statement that Ilya Lichtenstein, 35, used sophisticated hacking tools and techniques […]
Bitcoin and gold skyrocket after Trump victory — financial expert explains why
Bitcoin, gold and various stocks soared in value after former President Donald Trump declared victory last week. James Rickards, financial expert and author of MoneyGPT, knows why. “The immediate reaction to President Trump's election was a rise in stock prices, and for good reason. His economic policies, deregulation, discipline, and what I call the Green […]
Biggest bitcoin ETF soars to record high
Anthony Pompliano, founder and CEO of Professional Capital Management, explains why Bitcoin prices are soaring to new highs in Kabuto: Coast to Coast. Bitcoin's record rally is driving a big boost for one exchange-traded fund. The iShares Bitcoin Trust ETF, the largest Bitcoin ETF with $42 billion in assets as of Thursday morning, is up […]
Dow Jones Today: Stocks Inch Higher Following Benign CPI Inflation Reading; Bitcoin Jumps Above $92K – Investopedia
Rivian skyrockets as Volkswagen joint venture grows larger 32 minutes ago Rivian Automotive (RIVN) shares rose Wednesday as the electric car maker expands its partnership with Volkswagen, with the aim of helping both companies find ways to capture more of the EV market. It skyrocketed. The automakers announced a new joint venture in which Volkswagen […]
Oklahoma woman with Parkinson’s Disease duped out of $20,000 in bitcoin scam
An elderly Oklahoma woman with Parkinson's disease lost $20,000 in a cryptocurrency scheme set up as a scam, according to her daughter. Jamie Moore, the daughter of 77-year-old fraud victim Marcia, knew a scammer was trying to contact her mother when she received a strange email informing her that a Bitcoin transaction had been completed. […]
Bitcoin ETFs rope in $2.6B investments amid weekly bull run – Cointelegraph
Bitcoin prices soared to nearly $90,000 in early November, leading to large inflows into spot Bitcoin exchange-traded funds (ETFs) in the United States. On November 6th, Bitcoin (BTC) began a bull run, with the price soaring from the $69,000 mark to nearly $90,000 in just seven days. Positive market sentiment and fear of missing out […]
Bitcoin surges to record high following election
Bitcoin soared to an all-time high of more than $84,000 on Monday as hopes for the cryptocurrency continue to rise following President-elect Donald Trump's re-election, with the victory being widely celebrated in the industry. Bitcoin, the world's largest virtual currency, was traded directly below As of around 12:30 p.m. ET on Monday, it was up […]